Establishing the right business structure is a complex undertaking that depends on factors such as ownership structure, short- and long-term business and personal goals, and regulatory considerations. Getting it right is imperative because the ramifications affect most parts of your business, including tax obligations, legal liability and operational flexibility.
Aligning your priorities with the cash flow and tax implications of different business structures will help guide you to the right answer. For private company owners, cash flow must support both personal and business priorities, while taxes—often one of the largest expense items—should be carefully managed to optimize efficiency.
A well-structured entity can provide flexibility for future growth, support business transitions and strengthen governance.
RSM helps your business evaluate its entity structure, providing guidance tailored to ownership goals, tax considerations, long-term strategy and economic conditions.
